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RX8 2.0T STD (AWD) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

select car *

car price (AED)*

down payment *
%
Loan Period (years) *
Y
interest rate *
%
calculate

Monthly Payment

AED 6,605

Down Payment

AED 19,600

Total Cost

AED 98,860

Car Loan Monthly Installments Schedule

Repayment ScheduleMonthly RepaymentRemaining repayment amount
1AED 6,605AED 72,655
2AED 6,605AED 66,050
3AED 6,605AED 59,445
4AED 6,605AED 52,840
5AED 6,605AED 46,235
6AED 6,605AED 39,630
7AED 6,605AED 33,025
8AED 6,605AED 26,420
9AED 6,605AED 19,815
10AED 6,605AED 13,210
11AED 6,605AED 6,605
12AED 6,605AED 0

Monthly Payment Composition

Interest: 72
Principal: 6533

RX8 2.0T STD (AWD) Car Loan Calculator FAQs in UAE

The car loan process typically involves selecting the vehicle, applying for a loan through a bank or financial institution, providing necessary documentation, and receiving approval before finalizing the purchase.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your credit score, but missed payments can have a negative impact.

Pay attention to the interest rates, loan terms, fees, and whether the loan is secured or unsecured. Ensure you understand the repayment schedule and any penalties for late payments.

Factors that influence loan interest rates include your credit score, the term of the loan, prevailing market conditions, and the lender's policies.

Typically, you will need to provide proof of identity, proof of income, bank statements, and details of the vehicle you wish to purchase.